In the second quarter, sales increased by 52.9 percent to 423.8 million euros. 134.5 million euros of this can be attributed to Katek, which Kontron acquired at the beginning of the year. The technology group based in Linz currently holds 87.3 percent of the electronics company, and Kontron will take over 100 percent of it in the next one to two years, announced Hannes Niederhauser, head of the group listed on the German stock exchange, in a press conference.
EBITDA (earnings before interest, taxes, depreciation and amortization) reached a record level of EUR 46.5 million in the second quarter – an increase of 48.6 percent compared to the same period last year. The order backlog climbed to a record level of EUR 1.965 billion in the first half of the year.
Kontron has specialized in the “Internet of Things” (IoT) sector. This involves the networking of physical devices, for example using software technology. The group serves 4,500 customers worldwide in various industries. There is strong growth in the transport sector, which involves equipping trains with the new GSMR radio standard or the FRMCS communications system. Kontron says it has a 50 percent market share here.
Good business with electromobility
Kontron is also successful in aviation (Kontron has already equipped 4,000 aircraft with its own software) and defense: Customers include the US Army and the German Bundeswehr. Kontron does most of its business with its software solutions, which meet the highest safety standards. One focus is the connection of charging stations and electric vehicles. Even though the e-car market is currently under pressure, there are many orders: Kontron has the best solution on the market here, says Niederhauser.
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Image: Kontron
Source: Nachrichten
